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Saving Money
Are You Making More—or Less—Than Other 18–34-Year-Olds?
Key Takeaways The median household income for adults under age 35 reached almost $61,000 in 2022, according to the Federal Reserve.That figure was around $45,000 in 2013,…
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Considering a Sabbatical? Here’s the Average Savings for Taking Time Off
Key Takeaways About one in 10 U.S. workers plan to take a sabbatical (or “micro-retirement”) in 2025. Financial planners often recommend saving enough to pay living…
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When Saving Money Backfires: The Hidden Costs of Cheap Fixes
Key Takeaways Saving money is good, but not if it costs you more in long-term expenses. Flawed money-saving techniques include overlooking quality and not prolonging the…
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Gen X Faces Crushing Costs of College, Parents, and Mortgages—Here’s How They’re Cutting…
Key Takeaways Known as the sandwich generation, Gen X is spending a significant amount of money on their children and aging parents. This generation is spending the most…
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Gen X Faces Crushing Costs of College, Parents, and Mortgages—Here’s How They’re Cutting…
Key Takeaways Known as the sandwich generation, Gen X is spending a significant amount of money on their children and aging parents. This generation is spending the most…
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Are You Keeping Up? This Is the Average Income for Ages 55-64
Key Takeaways Americans who are 55 to 64 years old have a median household income of $82,150, according to Fed data.Earnings vary widely across groups, with homeowners and…
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Are You Keeping Up? This Is the Average Income for Ages 55-64
Key Takeaways Americans who are 55 to 64 years old have a median household income of $82,150, according to Fed data.Earnings vary widely across groups, with homeowners and…
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This State Has the Highest Minimum Wage—Discover Which States Are Set to Increase Their Pay in the…
Key Takeaways The federal minimum wage is $7.25 per hour. Washington state has the highest state minimum wage, at $16.66 per hour. Four states will raise their minimum wage…
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Stop Spending Money on Stuff—You’re Probably Just Bored
Key Takeaways Social media has turned impulse buying into a daily temptation, with one-click checkouts making it easy to spend without thinking.Some influencers are pushing…
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This 5-Step Budgeting Plan Can Protect You From a Recession
Key Takeaways Stay in control of your finances by creating a budget and adjusting it as needed.Build a healthy emergency fund, which is crucial to avoiding high-interest…
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